Mercantile

Mercantile' is defined 'as having to do with trade or commerce; of or pertaining to merchants, or the traffic carried on by merchants' (Century dictionary). To be principally engaged in a mercantile pursuit, one must be carrying on commerce in some of its branches.

Having to do with or engaged in trade, or the buying and selling of commodities; pertaining to the business of merchants; concerned with trade or the buying and selling of commodities; pertaining to trade; commercial; 255 111. 273, 563; 167 111. App. 147.

Pertaining to merchants or their business; having to do with trade and commerce or the buying and selling of commodities. See In re San Gabriel Sanatorium (D. C.) 95 Fed. 273; In re Pacific Coast Warehouse Co. (C. C.) 123 Fed. 750; Graham v. Hendricks, 22 La. Ann. 524.

— Mercantile agencies. Establishments which make a business of collecting information relating to the credit, character, responsibility, and reputation of merchants, for the purpose of furnishing the information to subscribers. Brookfield v. Kitchen, 163 Mo. 546, 63 S. W. 825 ; State v. Morgan, 2 S. D. 32, 48 N. W. 314; Eaton, etc., Co. v. Avery, 83 N. Y. 34, 38 Am. Rep. 389; Genesee Sav. Bank v. Michigan Barge Co.., o2 Mich. 164, 17 N. W. 790.

— Mercantile law. An expression substantially equivalent to the law-merchant or commercial law. It designates the system of rules, customs, and usages generally recognized and adopted by merchants and traders, and which, either in its simplicity or as modified by common law or statutes, constitutes the law for the regulation of their transactions and the solution of their controversies

— Mercantile law amendment acts. The statutes 19 & 20 Viet. cc. 60, 97, passed mainly for the purpose of assimilating the mercantile law of England, Scotland, and Ireland.

— Mercantile paper. Commercial paper; such negotiable paper (bills, notes, checks, etc.) as is made or transferred by and between merchants or traders, and is governed by the usages of the business world and the law-merchant.

— Mercantile partnership. One which habitually buys and sells; one which buys for the purpose of afterwards selling. Com. v. Natural Gas Co., 32 Pittsb. Leg. J. (O. St) 310.

Pertaining to mer- ' chandise; having to do with the business or relations of merchants. See Merchant; Merchandise. Mercantile agency. See Communication, Privileged, 3. Mercantile law. The law-merchant. Mercantile paper. See Merchant, Law. Mercantile partnership. A partnership which habitually buys and sells, — buys for the purpose of afterward selling. A coal and oil association is not such a partner- Bhip.'